Macroeconomy
General govt primary cash surplus at 6.25 bln in September, arrears drop by 82 mln
Greece’s general government (gg) primary cash surplus came to 6.25 billion euros in the first nine months of the year, up by 1.06 billion euros compared to the same period last year, according to the Finance Ministry’s (MoF) monthly gg bulletin.
Overdue tax, debtors jump in Sept as total reaches 105.6 bln
The month-on-month rise in Greece's new tax debt came to 588 million euros in September, data from the Independent Authority of Public Revenues (IAPR) has shown.
PMI stable at 53.5 points in October as foreign orders rise
Greece’s manufacturing PMI remained almost unchanged at 53.5 points in October from 53.6 points in September, according to the latest data from Markit.
Loan interest drops to 4.59 pct in September
The overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.59 percent in September, down 9 basis points (bps) from the rate of 4.68 noted in August, data from the Bank of Greece (BoG) showed on Thursday.
Retail turnover increases by 1.2 pct in August, volume edges up by 0.8 pct
Greece’s retail sales index increased by 1.2 percent in August, following a revised decrease of 1.9 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
Economic sentiment eases to 106.7 in Oct, industry and construction confidence improve
Greece’s economic sentiment (ESI) dropped by 0.5 points in October to reach 106.7 points, European Commission (EC) figures showed on Wednesday.
Credit contraction at 0.5 pct in Sept, balance at 157.28 bln
Credit contraction in the Greek market came to 0.5 percent in September from 0.1 percent in August, Bank of Greece (BoG) figures showed on Tuesday.
Deposits drop by 622 mln in Sept after six months of inflows
Net deposit movement in the Greek banking system turned negative by 622 million in September following inflows of 1.02 billion in August, Bank of Greece (BoG) figures revealed on Tuesday.
Sept budget primary surplus confirmed at 4.47 bln, well above target
The budget primary balance recorded a surplus of 4.47 billion euros in the first nine months of 2019, compared to a surplus of 2.53 billion noted in September 2018, according to the Finance Ministry (MoF) budget execution bulletin for the month.
Disposable income rises by 5 pct YoY in Q2, final consumption up by 1 pct
Greek household disposable income grew by 5 percent year-on-year (YoY) in the second quarter (Q2) of 2019, increasing from the rise of 4.9 percent noted in the previous quarter, according to Hellenic Statistical Authority (ELSTAT) data released on Thursday.